Security Software Firm Brivo Harbours Listing Ambitions Via SPAC Deal Worth $800M


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Security software maker Brivo Inc is getting closer to getting listed via a special purpose acquisition company (SPAC) merger with Crown PropTech Acquisitions (NYSE:CPTK), Bloomberg reports.
  • The deal would value the combined entity at $800 million, including debt.
  • Brivo sells security technology and services, including access control and video surveillance, to property owners. Its cloud-based system safeguards enterprises, residential buildings, and properties like vacation rentals.
  • Brivo counts Amazon.com Inc's (NASDAQ:AMZN) Whole Foods, Salesforce.com Inc (NYSE:CRM), fitness center Solidcore among its customers, the report added.
  • Former Barracuda Networks Inc CEO Dean Drako acquired Brivo in 2015 for $50 million.
  • Crown PropTech raised $276 million in February.
  • Price Action: CPTK shares closed higher by 0.10% at $9.78 on Tuesday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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